TSLA376.2502.53%
GM77.780-0.74%
F12.350-0.13%
RIVN16.455-0.495%
CYD41.795-0.075%
HMC24.295-0.185%
TM192.510-3.57001%
CVNA406.0803.06%
PAG160.9900.99%
LAD274.990-1.4%
AN202.750-0.22%
GPI340.4200.64%
ABG203.1901.18%
SAH71.8200.6%
TSLA376.2502.53%
GM77.780-0.74%
F12.350-0.13%
RIVN16.455-0.495%
CYD41.795-0.075%
HMC24.295-0.185%
TM192.510-3.57001%
CVNA406.0803.06%
PAG160.9900.99%
LAD274.990-1.4%
AN202.750-0.22%
GPI340.4200.64%
ABG203.1901.18%
SAH71.8200.6%
TSLA376.2502.53%
GM77.780-0.74%
F12.350-0.13%
RIVN16.455-0.495%
CYD41.795-0.075%
HMC24.295-0.185%
TM192.510-3.57001%
CVNA406.0803.06%
PAG160.9900.99%
LAD274.990-1.4%
AN202.750-0.22%
GPI340.4200.64%
ABG203.1901.18%
SAH71.8200.6%


Automotive News

Daily Automotive News

3 ways Cox Automotive Mobility is preparing dealers for the electric future with Pres. Joe George

- March 16, 2022
Over the weekend at the annual NADA Show, anchor Jim Fitzpatrick stopped by the Cox Automotive Village to talk with Joe George, President of Cox Automotive Mobility Solutions. What they cover: ...
Daily Automotive News

Cox Automotive’s Grace Huang & Brad Burns on improving the digital wholesale buying process for auto dealers

- March 16, 2022
At this year’s NADA Show in Las Vegas, CBT News anchor Jim Fitzpatrick had a chance to speak with Grace Huang, President of Inventory Solutions Group at Cox Automotive, and Brad...
Daily Automotive News

Refine your customer experience approach with unified technology — Andy Park, Tim Cox, & Michael Seeman | CarNow

- March 16, 2022
At this year’s NADA Show in Las Vegas, CBT News caught up with Andy Park, CEO of CarNow along with Tim Cox, Senior Vice President of Sales, and Michael Seeman, Senior...
Daily Automotive News

How the Cars.com marketplace is uniquely positioned to give power back to auto dealers — Alex Vetter & Doug Miller

- March 16, 2022
Over the weekend at the annual NADA Show, anchor Jim Fitzpatrick stopped by the Cars.com booth to talk with CEO Alex Vetter and President Doug Miller. What they cover: Acquisitions of...
Daily Automotive News

Dealer profitability remains high, inventory supply falls short – Charlie Chesbrough | Cox Automotive

- March 16, 2022
Today on Inside Automotive, we’re pleased to welcome back Charlie Chesbrough, Senior Economist and Senior Director of industry insights at Cox Automotive, to discuss the latest auto sales and inventory...
Daily Automotive News

Compelling moments from the 2022 NADA Show

- March 16, 2022
The 2022 NADA Show in Las Vegas wrapped up on Sunday, March 13, marking the end of the first in-person show after the 2021 event moved online in the pandemic....
Daily Newscast

CBT automotive newscast: March 16, 2022

- March 16, 2022
Inside Automotive: Dealer profitability remains high, inventory supply falls short - Charlie Chesbrough | Cox Automotive Today on Inside Automotive, we’re pleased to welcome back Charlie Chesbrough, Senior Economist and Senior Director...
Daily Automotive News

Maximize your dealership’s selling capabilities with these service-to-sales solutions — Aaron Baldwin & Matt Leone | automotiveMastermind

- March 15, 2022
At this year’s NADA Show in Las Vegas, CBT News anchor Bridget Fitzpatrick had a chance to speak with Aaron Baldwin, Vice President of Product at automotiveMastermind, and Matt Leone, COO...
Daily Automotive News

Why auto dealers can’t afford to let their call systems go unmonitored — Dave Purgason | CallRevu

- March 15, 2022
At this year’s NADA Show in Las Vegas, anchor Jim Fitzpatrick caught up with Dave Purgason, Head of Sales at CallRevu, to talk about navigating call management in the auto dealership. What...
Daily Automotive News

Bring your dealership’s vehicle imaging tech into the future — Jason Hauk | Black Widow Imaging

- March 15, 2022
Over the weekend at the annual NADA Show, anchor Bridget Fitzpatrick stopped by the Black Widow Imaging booth to talk with CEO Jason Hauk, about exciting new developments for the...


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Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
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